Companys

Insurance Company’s Refusal to Settle Leads to $113 Million Jury Verdict in Construction Zone Injury Case

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Atlanta, Georgia – A construction zone injury collision from 2016 has resulted in a $113 million jury verdict after an insurance company refused to settle the complaint for policy limits. The verdict, awarded by Fulton County State Court jurors in three phases, includes more than 40% for attorney fees due to bad faith and frivolous defenses. However, the plaintiff’s counsel expects another judgment against the estate of the late Nationwide Affinity Insurance Company of America client as additional attorney fees are pursued. The collision occurred when defendant Ashley Claxton’s vehicle veered into a construction zone … Read more

Alleged $1 Billion Mismanagement: Lawsuit Accuses Company’s Board of Bowing Down to Roger Penske

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Detroit, Michigan – A lawsuit filed against a company alleges that its board has shown excessive deference to Chairman Roger Penske, resulting in the mismanagement of over $1 billion. The suit claims that the board’s failure to exercise proper oversight has led to financial losses and harmed the company’s reputation. The plaintiff, who remains anonymous, accuses the board of negligence in their fiduciary duty to safeguard the company’s assets. They argue that Penske, a well-respected figure in the industry, has been given too much power and influence by the board, resulting in poor decision-making. According … Read more

Appellate Court Recap: Biogas Company’s $6 Million Verdict Revisited, $868,000 Damages Upheld

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Denver, CO – The Tenth Circuit Court of Appeals has provided further clarification on a previous ruling regarding a breach of contract case involving a biogas company. In their decision, the court allowed for almost $900,000 in damages to stand, despite vacating a $6 million jury award. The ruling came as a partial granting of a petition for rehearing from Lambland Inc., an organic recycling service. The court acknowledged and upheld the jury’s verdict of $868,000 in diversion damages. Lambland had filed a lawsuit against Heartland Biogas LLC, alleging a breach of their 2015 agreement. … Read more